The Fed, ETFs, Inflation, and Obesity Drugs (Podcast)
Bloomberg Intelligence
00:00
The Strength of Small Caps
We're seeing it broaden out this month when you're looking in the S&P 500 with materials, industrials and other cyclical corners of the market. It's not a worrisome sign that stocks are overdone or we're going to get some sort of crash following narrow breadth. That said, I do like a market that has broad participation. We love to see that above 50% to confirm that the market has entered a new bull phase.
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